Downingtown Schools Deliver Thousands Back to Education Using Nvoicepay

  • April 02, 2014

April 02, 2014 — Portland, Ore. — Nvoicepay, a leader in simple B2B ePayments, today announced Downingtown Area School District (DASD), one of the largest districts in Pennsylvania, recently switched from limited electronic payment offerings provided by a bank to a comprehensive ePayment solution with Nvoicepay. Since moving to Nvoicepay’s ePayments, DASD has streamlined their invoice payment process, reduced the costs of processing checks, eliminated time lost to supplier enablement, and earned significant rebates from card payments.

Based on results thus far, DASD expects to generate over $50,000 annually in rebates and cost savings through Nvoicepay – valuable dollars that can support educational programs.

“Going paperless was a priority, and we wanted to find a solution that would allow us to pay all suppliers electronically, streamline our process, be easy for our suppliers, and help us save money - Nvoicepay helps us do all of that,” said Mike DeAngelis, Assistant Director of Finance for Downingtown Area School District.

DASD switched to Nvoicepay’s ePayment service for its simplicity, flexible payment options, card rebate benefits, and comprehensive supplier enablement services. Nvoicepay’s cloud-based application works with all accounting systems, all banking partners, and all payment methods in one simple workflow. Unlike bank offerings, Nvoicepay continuously enables suppliers for payment and maintains supplier information as it changes over time, relieving accounting personnel from this burden and ensuring accounting teams can pay all of their suppliers electronically.

“Nvoicepay was able to take our electronic payment processing to the next level by providing a total solution for all suppliers. We now have more flexible payment options -- ACH, AP Cards and electronic print check -- and we like the fact that Nvoicepay is proactive in following up with our suppliers,” added DeAngelis.

Since implementing Nvoicepay, DASD has streamlined its accounts payable process, earned cash rebates each month, and reduced costs.

“Nvoicepay’s cloud-based solution removes one of the greatest barriers to ePayments; the collection and maintenance of information required to pay vendors electronically,” said Karla Friede, CEO of Nvoicepay. “We believe this is an essential part for a complete ePayments solution.”

To demonstrate its commitment to return on investment and help other school districts bring valuable dollars back to their educational programs, Nvoicepay is launching a special program for school districts to support the transition to simple ePayments. Read more about the “Make the Move” program for school districts at http://www.nvoicepay.com/education.

 

About Nvoicepay

Nvoicepay is the leading provider of simple ePayment solutions for the enterprise. Organizations across multiple industries trust Nvoicepay to streamline invoice payments, reduce AP costs, and generate new revenue thru integrated AP card rebates. Only Nvoicepay offers a simple, secure cloud-based workflow that works with every accounting system and all banking partners, and best-in-class supplier services to assure success. Founded in 2009, Nvoicepay has thousands of customers paying tens of thousands of suppliers through the company’s payment network each day. For more information, visit http://www.nvoicepay.com.

 

Read the original press release on PRWeb.

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